inequality. To this end, we develop a dynamic general equilibrium model with incomplete markets in which heterogeneous agents ….S. data, in particular, the misreporting rate, wealth inequality, and the firm size distribution. Our quantitative findings … decreases the productivity of the self-employment sector. Moreover, it increases aggregate savings and reduces wealth inequality …

This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is … model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and …

reduce distortionary taxes on capital, but this comes at the cost of higher inequality: while all households prefer labor …

The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …